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Run-Lite Ltd, has the following information with respect to its depreciable property on January 1,2023 During the 2023 taxation year, the following transactions occur: Class

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Run-Lite Ltd, has the following information with respect to its depreciable property on January 1,2023 During the 2023 taxation year, the following transactions occur: Class 8-20\%: May 15 - Furniture with a capilal cost of $30,000 was sold for $20,000 June 30 - New ergonomic desks with a cost of $70,000 were purchased Class 1030% : Dec 20 - Run-Lite sold all the automobiles in this class for $85,000 as the company now plans to lease new vehicles in 2024 . There are no assets remaning in this Class on Dec 31 Nole: Assume that any depreciable property purchases meet the conditions to qualify for the Accll Required (show all calculations): 1. For the 2023 taxation year calculate the maximum CCA that can be claimed by Run-Lite for each CCA class. 2 In addition, calculate the January 1, 2024, UCC balance for each class. 3 Indicate whether there are any other income tax consequences as a result of any of the transactions related to depreciable property in 2023. Mint: please provide your answer in the following format with description of the items and calculations under each sectionj - Enable the HTML Editor for inputting your

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